The global financial crisis caused by the worst real estate crash in decades, lead to many financial lenders around the world needing bailouts to avoid collapsing. Governments around the world had to injected capital into the banking system in order to prevent many banks from folding.

The Irish finance minister was presented with an approximate 45-page presentation, on the costs and consequences of rescuing its nation’s banks, as well as options for the country’s struggling banks.

The yield on 10-year Greek government bonds dropped below the psychologically important 7% level this week, in the latest sign confidence is restored in the euro zone. Risks remain, however, and governments still need to follow through with reform programs.

With Europe’s economic problems well publicized, politicians and technocrats on the old continent regularly trample over each other in the rush to point fingers of blame. Yesterday, Viviane Reding, the commissioner responsible for the EU’s justice portfolio, got in on the act. \”The time of the troika is over,\” Reding said at a citizens\’ dialogue in Heidelberg, Germany, according to a report in The Wall Street Journal.

Worries about Slovenia, a small, former Yugoslav republic bordered by Italy, Croatia, Hungary and Austria, began to emerge before the ink was dry on the Cyprus bailout due to its own troubled banking system.

To gauge just how much these strict capital controls in Cyprus are flying in the face of what the European Union had originally sought out to achieve, just take a quick look back at the clear-cut policy framework laid out years ago.

The latest flare-up in the euro-zone debt crisis has Doug Oberhelman, the top honcho at construction-equipment maker Caterpillar Inc.
, sweating. But the chief executive told CNBC on Tuesday that he remains confident the Dow component will weather the storm.

The euro
fetched $1.2999 in recent trade versus its level of $1.2897 in North American action late Thursday. Granted, the currency had briefly traded above $1.37 as recently as early February, but it\’s on track for a weekly loss of just 0.6%.

Simon Smith, chief economist at FxPro in London, lays out three reasons why the euro has managed to hold it together.

With a Monday deadline looming for Cyprus to agree with the European Union and the International Monetary Fund on a bailout deal, all eyes rest on the struggling nation ahead of the weekend. Lawmakers are scrambling to come up with the best terms to avoid a financial meltdown and while most market participants forecast a done deal over the next few days, there are still risks that no agreement will come through. It is the euro zone after all — it’s not like the region has the greatest record of meeting crucial deadlines when it comes to solving its debt crisis.

So, what will actually happen if the sun rises in the Mediterranean on Monday and no agreement exits? Commerzbank has broken it down, step by step

The levy on bank deposits in Cyprus have sparked fears that such measures may spread to other countries in the euro zone. Goldman Sachs breaks down on a country-by-country basis why it may or may not happen.

About The Tell

The Tell is MarketWatch’s fast and engaging look at trends and themes in the day’s markets. Drawing on our reporters, analysts and commentators around the world, as well as selecting the best of the rest online, The Tell is all about the pulse of the markets through news, insight and strategic information to help you make the best investing decisions. Got a tip? Tell us at TheTell@MarketWatch.com